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There is a natural tendency for all of us to postpone action until it’s absolutely necessary, which makes our action a reaction. In business, if you’re standing still and waiting for the next shoe to drop, you have already lost.
Considering the recent threats of trade wars, heightened geopolitical uncertainty, and forecasts of an elevated probability of a U.S. recession in 2020, now is the time to prepare for the next inevitable downturn in the economic cycle.
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